The SIG-backed hotel booking portal is set to raise up to $50m in a series B round that is being led by venture firm Qiming Venture Partners.

The cross-border e-commerce platform has completed a $59.5m series C round led by the Alibaba-headed Electronic World Trade Platform, boosting its total funding to about $85m.

CreditEase's New Financial Industrial Fund was among the investors in a round that took the financial search engine's overall funding to $60m.

Lilly Asia Ventures has returned for a series C round that boosted the total raised by the cancer and metabolic disease drug developer to $100m.

Existing investors Tencent and General Atlantic have supplied up to $11.4m of additional funding for Byju's, which was valued at at least $3.6bn as of December.

DSG Consumer Partners made a four-times return on its investment in corporate-backed Oyo, exiting as part of its recent $1bn round.

The Fosun-backed wedding services marketplace will use the proceeds from the series D-1 round to further develop its AI and big data technologies.

The South Korean government is set to lower the threshold for corporate venturing vehicles, though rules governing the practice will remain strict.

Gree's venture capital affiliate has secured $20m from undisclosed strategic investors for a second fund, following an $18.3m vehicle last year.

The corporate is putting some $500m into its revamped early-stage fund, as its Vision Fund passes 70% of its capital allocation.